What users are saying about
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Top Rated
25 Ratings

Abacus, by Emburse

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Top Rated
25 Ratings
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Score 8.6 out of 100
620 Ratings
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Score 7.9 out of 100

Likelihood to Recommend

Abacus, by Emburse

Abacus is great for smaller companies that need to automate expense management. It is a very user-friendly system that makes it easy for all employees to understand without any training. We have heard of issues with their AMEX program. Companies that have tens or hundreds of corporate AMEX cards should likely explore other options
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

Well-suited for basic accounting, I would give it an 8. Drill-down would be nice on the general ledger to be able to look at the original entry. Maintaining the year codes and distribution codes is much too involved-this needs to be streamlined. Would be nice to be able to update information on encumbrances and purchase orders prior payment. The accounts receivable module is a bit of a nightmare-we don't use the invoicing function as it is too involved for our company. While the Accounting function deserves and 8, I would only give the payroll function about a 4.5-sorry.
Eris Tanner | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Abacus, by Emburse
MIP Fund Accounting
7.5
Pay calculation
Abacus, by Emburse
MIP Fund Accounting
8.4
Benefit plan administration
Abacus, by Emburse
MIP Fund Accounting
6.4
Direct deposit files
Abacus, by Emburse
MIP Fund Accounting
8.7
Salary revision and increment management
Abacus, by Emburse
MIP Fund Accounting
7.4
Reimbursement management
Abacus, by Emburse
MIP Fund Accounting
6.8

Customization

Abacus, by Emburse
MIP Fund Accounting
7.4
API for custom integration
Abacus, by Emburse
MIP Fund Accounting
7.0
Plug-ins
Abacus, by Emburse
MIP Fund Accounting
7.8

Security

Abacus, by Emburse
MIP Fund Accounting
9.0
Single sign-on capability
Abacus, by Emburse
MIP Fund Accounting
8.9
Role-based user permissions
Abacus, by Emburse
MIP Fund Accounting
9.2

Reporting & Analytics

Abacus, by Emburse
MIP Fund Accounting
8.0
Dashboards
Abacus, by Emburse
MIP Fund Accounting
7.6
Standard reports
Abacus, by Emburse
MIP Fund Accounting
8.3
Custom reports
Abacus, by Emburse
MIP Fund Accounting
8.1

General Ledger and Configurable Accounting

Abacus, by Emburse
MIP Fund Accounting
8.1
Accounts payable
Abacus, by Emburse
MIP Fund Accounting
8.5
Accounts receivable
Abacus, by Emburse
MIP Fund Accounting
8.3
Cash management
Abacus, by Emburse
MIP Fund Accounting
8.0
Bank reconciliation
Abacus, by Emburse
MIP Fund Accounting
8.5
Expense management
Abacus, by Emburse
MIP Fund Accounting
8.5
Time tracking
Abacus, by Emburse
MIP Fund Accounting
6.8
Fixed asset management
Abacus, by Emburse
MIP Fund Accounting
7.8
Multi-currency support
Abacus, by Emburse
MIP Fund Accounting
8.0
Multi-division support
Abacus, by Emburse
MIP Fund Accounting
8.8
Regulations compliance
Abacus, by Emburse
MIP Fund Accounting
8.8
Electronic tax filing
Abacus, by Emburse
MIP Fund Accounting
8.6
Self-service portal
Abacus, by Emburse
MIP Fund Accounting
7.7
Standardized Processes
Abacus, by Emburse
MIP Fund Accounting
7.2

Inventory Management

Abacus, by Emburse
MIP Fund Accounting
4.2
Inventory tracking
Abacus, by Emburse
MIP Fund Accounting
7.3
Automatic reordering
Abacus, by Emburse
MIP Fund Accounting
1.0
Location management
Abacus, by Emburse
MIP Fund Accounting
7.7
Manufacturing module
Abacus, by Emburse
MIP Fund Accounting
1.0

Order Management

Abacus, by Emburse
MIP Fund Accounting
4.8
Pricing
Abacus, by Emburse
MIP Fund Accounting
6.4
Order entry
Abacus, by Emburse
MIP Fund Accounting
7.4
Credit card processing
Abacus, by Emburse
MIP Fund Accounting
2.5
Cost of goods sold
Abacus, by Emburse
MIP Fund Accounting
2.7

Pros

Abacus, by Emburse

  • It allows you to organize expenses into specific trips and categories.
  • It allows our business to track expenses across organizational departments and understand how we are spending money.
  • It is aligned with our expense policy, so we know when expenses are within or outside our policy guidelines.
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

  • The interface and operations of Abila MIP Fund are fairly easy to utilize and learn.
  • It offers some excellent tools for managing a non-profit operation.
  • The software makes it easy to streamline operations into one system without dealing with separate departments working with different systems.
Bruce Emmerling | TrustRadius Reviewer

Cons

Abacus, by Emburse

  • When you upload a receipt to abacus it would be great to port in the information from the receipt to the text fields.
  • It would be good to have a more automated way for Abacus to integrate in with other payroll systems.
  • It would be nice to have more levels of permissions, e.g. manager level, administer level and employee level.
Jennifer Paxton | TrustRadius Reviewer

MIP Fund Accounting

  • It would be nice to switch between databases without having to logout and login.
  • When entering codes (like for a journal entry) it doesn't auto-search/fill the account numbers...you have to hit the dropdown and scroll for the number.
  • You can't post cash receipts without first having an invoice, which can slow down your processing.
Eric Harvey | TrustRadius Reviewer

Likelihood to Renew

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.2
Based on 45 answers
We are so used to this software there is no chance of us starting with a new software and re-learning every step.we are content with the software at this moment and feel there is no need to look for a new accounting software
Luis Godoy | TrustRadius Reviewer

Usability

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.0
Based on 39 answers
If you are not an accountant, it would be very difficult to use. As an accountant there are aspects that are so specific that if you do not understand how they work and hand off to other parts of the software, you can really mess up your reporting.
Christine Frenzel | TrustRadius Reviewer

Reliability and Availability

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.0
Based on 6 answers
It is mostly available when it is needed, however there have been power and internet outages that have limited the availability of programs.
Cindy Chapple | TrustRadius Reviewer

Performance

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 10.0
Based on 6 answers
MIP Fund Accounting has worked very well for me. It has been ten years that I have been working with the software and have never had an issue with it crashing or losing information. I would definitely recommend this software to other users based on the experience I have had.
Janet Resendiz | TrustRadius Reviewer

Support Rating

Abacus, by Emburse

Abacus, by Emburse 9.2
Based on 18 answers
I have never had to contact Abacus support and have not heard stories from any of my colleagues having to do so either. Our accounting department stresses the ease of Abacus and has not voiced any concerns with the software or the product support team or the product support process.
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

MIP Fund Accounting 8.2
Based on 37 answers
They consistently provide quality, knowledgeable service to my questions and concerns. The only reason I am not giving them a 10 is because recently the hold time on the telephone has been much longer than in the past. the quality of the customer service, once I speak to a representative continues to be of a high quality, but the delays are atypical of previous encounters.
Jeffrey Chapman | TrustRadius Reviewer

In-Person Training

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 8.0
Based on 6 answers
There are no specifics on what happens if you make one choice or another to know which is the best selection. This is true for JVs and AP. In training we were not given specifics of what happens when one possibility is selected over another.
Christine Frenzel | TrustRadius Reviewer

Online Training

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 4.2
Based on 4 answers
Personalized training provided for our organization
karen hoffman | TrustRadius Reviewer

Implementation Rating

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 5.6
Based on 22 answers
Having a detailed plan helps. Understanding what your data 'means' is important so it can be correctly mapped to the new solution. Having other staff in on the early training helped as well. We had a few questions that popped up that our implementer was able to address promptly which then prompted the controller to ask even more detailed questions. In the end, we ended up with a better product. Keep in mind, you won't remember to ask all of the relevant questions and you may run into 'challenges' after the fact
Al Hesse | TrustRadius Reviewer

Alternatives Considered

Abacus, by Emburse

I have never used anything like Abacus but I can't imagine a product that offers more value than this does. It allows you to categorize the expense, which will show where we are spending the most money as a company. It keeps a great record of past expenses and the status (if one was not approved, you will see where it says "denied", by whom, and there will usually be a reason provided so that you know how to correct it).
Anonymous | TrustRadius Reviewer

MIP Fund Accounting

Fund EZ is a product I found out about from a previous employment stint. It has a lot of the features MIP has but is not nearly as good. I would consider using this product if MIP continues to raise fees.
Erich Koch | TrustRadius Reviewer

Scalability

Abacus, by Emburse

No score
No answers yet
No answers on this topic

MIP Fund Accounting

MIP Fund Accounting 9.0
Based on 6 answers
Not real sure what you mean by scalability. It seems to be able to handle all of the funds we are currently working with. If you mean the looks of it, some things are small and it would be nice to increase the size according to the user.
Frances LeClair | TrustRadius Reviewer

Return on Investment

Abacus, by Emburse

  • Makes expenses very transparent and easy to approve. Receipt uploaded, time, who was involved, where (geolocating), and under what category the expense and reimbursement should be pulled from (customer service, sales, product, engineering teams, etc.).
  • No negatives! Other than random bugs, this app worked amazing for our company!
Alexa Terry | TrustRadius Reviewer

MIP Fund Accounting

  • Abila has streamlined and allowed more tasks to be automated maximizing the efficiency of staff so more staff is not needed.
  • The Maintenance and Support annual fee is a bit expensive and not a very good return especially for the amount of features that are updated from year to year. I don't use support a lot since our systems are pretty efficient so hence I don't think the annual M&S is justifiable.
  • Abila's importing feature allows integration to many different systems which makes Abila very flexible allowing costs to be saved if the owner of the Abila system switches between vendors.
Donavan Lam, CPA | TrustRadius Reviewer

Screenshots

Pricing Details

Abacus, by Emburse

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No

Abacus, by Emburse Editions & Modules

Edition
Abacus$51
  1. Per User per Month
Additional Pricing Details

MIP Fund Accounting

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

MIP Fund Accounting Editions & Modules

Additional Pricing Details

Rating Summary

Likelihood to Recommend

Abacus, by Emburse
8.8
MIP Fund Accounting
7.9

Likelihood to Renew

Abacus, by Emburse
MIP Fund Accounting
9.2

Usability

Abacus, by Emburse
MIP Fund Accounting
8.0

Reliability and Availability

Abacus, by Emburse
MIP Fund Accounting
9.0

Performance

Abacus, by Emburse
MIP Fund Accounting
10.0

Support Rating

Abacus, by Emburse
9.2
MIP Fund Accounting
8.2

In-Person Training

Abacus, by Emburse
MIP Fund Accounting
8.0

Online Training

Abacus, by Emburse
MIP Fund Accounting
4.2

Implementation Rating

Abacus, by Emburse
MIP Fund Accounting
5.6

Scalability

Abacus, by Emburse
MIP Fund Accounting
9.0

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